The European Commission wants to negotiate a new anti-counterfeiting agreement with major trading partners including the United States, Japan and South Korea, the EU's trade commissioner said Tuesday, October 22nd.
A reward of half a million dollars (352,000 euros) is being offered for the return of jewels stolen in an armed robbery this month from a luxury jewellery shop on the high-fashion Avenue Montaigne in Paris.
Armed robbers got away with around ten million of euros (14 million dollars) worth of merchandise in a raid on a luxury jewellers just off the Champs Elysees in Paris Saturday, October 6th, said a police source.
A group of prominent MPs have warned over the presence of Italian clothing retailer Benetton in Iran, saying its fashions are a bad influence on female consumers, newspapers said on Monday, August 1st.
German retail sales posted a surprise drop of 1.4 percent in August from the previous month, and shed 2.2 percent from August 2006, preliminary data released Friday, September 28th by the national statistics office showed.
Redcats, the mail order unit of French luxury goods group PPR, said Tuesday September 11th it plans to buy United Retail Group, a US large-size women's fashion group, for 199 million dollars (144 million euros).